Brixmor Property Group Inc. $BRX Stock Holdings Lessened by Hudson Bay Capital Management LP

Hudson Bay Capital Management LP reduced its stake in shares of Brixmor Property Group Inc. (NYSE:BRX) by 1.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,208,388 shares of the real estate investment trust’s stock after selling 36,885 shares during the quarter. Hudson Bay Capital Management LP owned approximately 0.72% of Brixmor Property Group worth $61,128,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Parallel Advisors LLC lifted its position in Brixmor Property Group by 17.4% in the 3rd quarter. Parallel Advisors LLC now owns 2,681 shares of the real estate investment trust’s stock worth $74,000 after buying an additional 398 shares in the last quarter. Quadrant Capital Group LLC grew its holdings in shares of Brixmor Property Group by 2.5% during the 3rd quarter. Quadrant Capital Group LLC now owns 19,283 shares of the real estate investment trust’s stock valued at $534,000 after acquiring an additional 465 shares in the last quarter. Park Avenue Securities LLC grew its holdings in shares of Brixmor Property Group by 1.3% during the 3rd quarter. Park Avenue Securities LLC now owns 36,195 shares of the real estate investment trust’s stock valued at $1,002,000 after acquiring an additional 478 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of Brixmor Property Group by 7.4% in the third quarter. GAMMA Investing LLC now owns 7,003 shares of the real estate investment trust’s stock worth $194,000 after acquiring an additional 485 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC increased its stake in shares of Brixmor Property Group by 16.7% in the second quarter. Steward Partners Investment Advisory LLC now owns 3,510 shares of the real estate investment trust’s stock worth $91,000 after acquiring an additional 503 shares during the last quarter. 98.43% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Brixmor Property Group

In related news, Director Julie Bowerman sold 8,000 shares of the business’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $29.03, for a total value of $232,240.00. Following the completion of the sale, the director directly owned 18,400 shares in the company, valued at approximately $534,152. The trade was a 30.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.75% of the company’s stock.

Analyst Upgrades and Downgrades

BRX has been the subject of a number of research reports. Piper Sandler lifted their price objective on Brixmor Property Group from $31.00 to $34.00 and gave the company an “overweight” rating in a research report on Tuesday, February 17th. Truist Financial upped their target price on Brixmor Property Group from $29.00 to $32.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. Scotiabank cut their price target on Brixmor Property Group from $30.00 to $29.00 and set a “sector outperform” rating for the company in a research note on Wednesday, January 14th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Brixmor Property Group in a report on Monday, December 22nd. Finally, UBS Group boosted their price target on Brixmor Property Group from $29.00 to $31.00 and gave the company a “buy” rating in a research note on Thursday, January 8th. Ten analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $30.82.

Brixmor Property Group Stock Down 0.7%

BRX stock opened at $29.56 on Thursday. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 1.83. Brixmor Property Group Inc. has a 1 year low of $22.28 and a 1 year high of $30.70. The company has a fifty day simple moving average of $28.30 and a 200 day simple moving average of $27.26. The firm has a market cap of $9.07 billion, a PE ratio of 23.46, a PEG ratio of 2.67 and a beta of 1.06.

Brixmor Property Group (NYSE:BRX) last posted its earnings results on Monday, February 9th. The real estate investment trust reported $0.58 EPS for the quarter, topping the consensus estimate of $0.57 by $0.01. Brixmor Property Group had a net margin of 28.16% and a return on equity of 13.00%. The firm had revenue of $353.75 million for the quarter, compared to the consensus estimate of $347.42 million. During the same period in the prior year, the business posted $0.53 earnings per share. The business’s quarterly revenue was up 7.7% on a year-over-year basis. Brixmor Property Group has set its FY 2026 guidance at 2.330-2.370 EPS. Sell-side analysts anticipate that Brixmor Property Group Inc. will post 2.22 EPS for the current fiscal year.

Brixmor Property Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Thursday, April 2nd will be paid a $0.3075 dividend. This represents a $1.23 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend is Thursday, April 2nd. Brixmor Property Group’s dividend payout ratio (DPR) is presently 97.62%.

Brixmor Property Group Profile

Brixmor Property Group is a publicly traded real estate investment trust (REIT) focused on the ownership, management and development of open-air shopping centers across the United States. The company acquires and leases retail properties that feature everyday, necessity-based tenants such as grocery stores, discount retailers, and service providers. Brixmor’s core strategy centers on generating stable, long-term income streams through tenant relationships and targeted property enhancements.

The company’s main business activities include proactive leasing, property upkeep and capital improvement projects designed to maximize occupancy and tenant satisfaction.